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Anonymous User
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.

Post by Anonymous User » Fri Apr 07, 2023 11:39 am

.
Last edited by Anonymous User on Tue Apr 11, 2023 3:18 am, edited 3 times in total.

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glitched

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Re: W&C Layoff

Post by glitched » Fri Apr 07, 2023 1:04 pm

Sorry to hear that. Not sure if you need to hear this cliché but it's going to be okay. Some curses turn to blessings and some blessings turn to curses. You simply cannot know now and the only thing you can do it move forward. Best of luck.

And let this be another reminder that firms don't have your back. It's a business in the end so take care of yourselves when you can.

Anonymous User
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Re: W&C Layoff

Post by Anonymous User » Fri Apr 07, 2023 10:35 pm

Deleted.
Last edited by Anonymous User on Sat Apr 08, 2023 10:36 pm, edited 1 time in total.

Bramwell

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Re: W&C Layoff

Post by Bramwell » Sat Apr 08, 2023 9:37 am

Any other data points at W&C on practice areas, class year or offices impacted?

Anonymous User
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Re: W&C Layoff

Post by Anonymous User » Sat Apr 08, 2023 9:41 am

Same poster from here? viewtopic.php?f=23&t=313958

If not, seems to be W&Cs MO.

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charles117

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Re: W&C Layoff

Post by charles117 » Sat Apr 08, 2023 6:31 pm

are you a us qualified lawyer or a local lawyer?

Anonymous User
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Re: W&C Layoff

Post by Anonymous User » Sat Apr 08, 2023 10:30 pm

.
Last edited by Anonymous User on Tue Apr 11, 2023 3:15 am, edited 2 times in total.

Sad248

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Re: W&C Layoff

Post by Sad248 » Sun Apr 09, 2023 12:11 pm

That's very rough. What is the target % globally (approximately)?

Anonymous User
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Re: W&C Layoff

Post by Anonymous User » Sun Apr 09, 2023 12:32 pm

.
Last edited by Anonymous User on Tue Apr 11, 2023 3:16 am, edited 2 times in total.

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Barry grandpapy

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Re: W&C Layoff

Post by Barry grandpapy » Sun Apr 09, 2023 12:54 pm

Anonymous User wrote:
Sun Apr 09, 2023 12:32 pm
Sad248 wrote:
Sun Apr 09, 2023 12:11 pm
That's very rough. What is the target % globally (approximately)?
PMed
Can you PM me as well?

Anonymous User
Posts: 432641
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Re: W&C Layoff

Post by Anonymous User » Sun Apr 09, 2023 1:01 pm

.
Last edited by Anonymous User on Tue Apr 11, 2023 3:16 am, edited 1 time in total.

AmericanEagleee

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Re: W&C Layoff

Post by AmericanEagleee » Sun Apr 09, 2023 7:34 pm

Curious as well

reubionas

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Re: W&C Layoff

Post by reubionas » Mon Apr 10, 2023 7:20 am

Would be fantastic if you/someone can PM me the percentage as well.

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Anonymous User
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Re: W&C Layoff

Post by Anonymous User » Mon Apr 10, 2023 7:38 am

.
Last edited by Anonymous User on Tue Apr 11, 2023 3:16 am, edited 2 times in total.

Anonymous User
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Re: W&C Layoff

Post by Anonymous User » Mon Apr 10, 2023 7:48 am

Anonymous User wrote:
Sat Apr 08, 2023 10:30 pm
US. There's a global headcount reduction going on. In my office, a few were laid off before I was. The process started from last fall in fact. I even know the target % globally. Please don't quote.
U.S. New York, banking division. Was pressured by both HR and Partners in my group (which ignored my doctor's emails re: my disability) to find a new job. Prior to the push out, one partner and a group representative told me my issue had been discussed amongst partners and that it was okay for me to stay home while I was physically unable to return & until my doctor cleared me. During my yearly review the partner in question denied the existence of this clearance (which he himself had given me over the summer), told me HR had never discussed my injury with any of them, and contradicted what he told me over the summer re: group partnership being well aware of my injury and being fine with my return when I was healthy. Everything was just laying paper trail.

I had only glowing reviews, but work was slow in that group because the work they do is second tier to other v10s but still very, very expensive. Up until December they were continuing to hire new associates into banking/bankruptcy, over the last two years they hired around 25 new junior-mid level associates and multiple partners, myself included in that number (associate).The firm's revenue was stagnant according to their own internal presentations with costs ranging between +13 to +20% due to the increase in cost from forced RTO and the incredibly stupid decision to renovate somewhere between 120,000 and 150,000 sq feet of commercial real estate to rent for corporate events. Delusional management has led them to financial distress.

I heard from people who stayed that many of the associates are afraid for the first time in big law careers they won't make any bonuses or have even close to hour targets. Junior partners also appeared quite afraid of the dwindling work and the person in charge of the central staffing told me before I left that almost nobody in the group was hitting 40/week. Avg. hours across the firm were <1500; not surprised by my fate. I ended up at a higher ranked firm/group, so I'm actually glad I got pushed out early as opposed to in the second round (made finding jobs much easier), but still royally fuck that firm for putting so much pressure on me while I was literally doing my best to heal a severe, critical injury.

Anonymous User
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Re: W&C Layoff

Post by Anonymous User » Mon Apr 10, 2023 8:46 am

Is this thread for white & case or Williams & Connolly?

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Re: W&C Layoff

Post by Anonymous User » Mon Apr 10, 2023 8:54 am

Anonymous User wrote:
Mon Apr 10, 2023 8:46 am
Is this thread for white & case or Williams & Connolly?
Given that there's chatter about global/international layoffs and Williams & Connolly has a single office in DC, I think you can probably deduce to which one this thread is referring.

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Bramwell

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Re: W&C Layoff

Post by Bramwell » Mon Apr 10, 2023 11:18 am

Anonymous User wrote:
Mon Apr 10, 2023 7:48 am
Anonymous User wrote:
Sat Apr 08, 2023 10:30 pm
US. There's a global headcount reduction going on. In my office, a few were laid off before I was. The process started from last fall in fact. I even know the target % globally. Please don't quote.
U.S. New York, banking division. Was pressured by both HR and Partners in my group (which ignored my doctor's emails re: my disability) to find a new job. Prior to the push out, one partner and a group representative told me my issue had been discussed amongst partners and that it was okay for me to stay home while I was physically unable to return & until my doctor cleared me. During my yearly review the partner in question denied the existence of this clearance (which he himself had given me over the summer), told me HR had never discussed my injury with any of them, and contradicted what he told me over the summer re: group partnership being well aware of my injury and being fine with my return when I was healthy. Everything was just laying paper trail.

I had only glowing reviews, but work was slow in that group because the work they do is second tier to other v10s but still very, very expensive. Up until December they were continuing to hire new associates into banking/bankruptcy, over the last two years they hired around 25 new junior-mid level associates and multiple partners, myself included in that number (associate).The firm's revenue was stagnant according to their own internal presentations with costs ranging between +13 to +20% due to the increase in cost from forced RTO and the incredibly stupid decision to renovate somewhere between 120,000 and 150,000 sq feet of commercial real estate to rent for corporate events. Delusional management has led them to financial distress.

I heard from people who stayed that many of the associates are afraid for the first time in big law careers they won't make any bonuses or have even close to hour targets. Junior partners also appeared quite afraid of the dwindling work and the person in charge of the central staffing told me before I left that almost nobody in the group was hitting 40/week. Avg. hours across the firm were <1500; not surprised by my fate. I ended up at a higher ranked firm/group, so I'm actually glad I got pushed out early as opposed to in the second round (made finding jobs much easier), but still royally fuck that firm for putting so much pressure on me while I was literally doing my best to heal a severe, critical injury.
is this impacting entire banking group? What about private credit folks that came from Proskauer about a year ago? Saw that a couple Chicago debt finance partners (including a relatively junior partner that just lateraled a year ago) just defected to a competitor.

toughmoneydraw

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Re: W&C Layoff

Post by toughmoneydraw » Mon Apr 10, 2023 2:51 pm

Anonymous User wrote:
Mon Apr 10, 2023 7:48 am
Anonymous User wrote:
Sat Apr 08, 2023 10:30 pm
US. There's a global headcount reduction going on. In my office, a few were laid off before I was. The process started from last fall in fact. I even know the target % globally. Please don't quote.
U.S. New York, banking division. Was pressured by both HR and Partners in my group (which ignored my doctor's emails re: my disability) to find a new job. Prior to the push out, one partner and a group representative told me my issue had been discussed amongst partners and that it was okay for me to stay home while I was physically unable to return & until my doctor cleared me. During my yearly review the partner in question denied the existence of this clearance (which he himself had given me over the summer), told me HR had never discussed my injury with any of them, and contradicted what he told me over the summer re: group partnership being well aware of my injury and being fine with my return when I was healthy. Everything was just laying paper trail.

I had only glowing reviews, but work was slow in that group because the work they do is second tier to other v10s but still very, very expensive. Up until December they were continuing to hire new associates into banking/bankruptcy, over the last two years they hired around 25 new junior-mid level associates and multiple partners, myself included in that number (associate).The firm's revenue was stagnant according to their own internal presentations with costs ranging between +13 to +20% due to the increase in cost from forced RTO and the incredibly stupid decision to renovate somewhere between 120,000 and 150,000 sq feet of commercial real estate to rent for corporate events. Delusional management has led them to financial distress.

I heard from people who stayed that many of the associates are afraid for the first time in big law careers they won't make any bonuses or have even close to hour targets. Junior partners also appeared quite afraid of the dwindling work and the person in charge of the central staffing told me before I left that almost nobody in the group was hitting 40/week. Avg. hours across the firm were <1500; not surprised by my fate. I ended up at a higher ranked firm/group, so I'm actually glad I got pushed out early as opposed to in the second round (made finding jobs much easier), but still royally fuck that firm for putting so much pressure on me while I was literally doing my best to heal a severe, critical injury.
Is this the DF group? Would you mind sharing more insight as I have a standing offer from this group? Would be grateful if can connect via PM. Thanks!

Anonymous User
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Re: W&C Layoff

Post by Anonymous User » Mon Apr 10, 2023 4:47 pm

Anonymous User wrote:
Mon Apr 10, 2023 7:38 am
reubionas wrote:
Mon Apr 10, 2023 7:20 am
Would be fantastic if you/someone can PM me the percentage as well.
PMed
Could you pm me as well pls?

Anonymous User
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Joined: Tue Aug 11, 2009 9:32 am

Re: W&C Layoff

Post by Anonymous User » Mon Apr 10, 2023 11:59 pm

.
Last edited by Anonymous User on Tue Apr 11, 2023 3:17 am, edited 1 time in total.

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Leisreana

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Re: W&C Layoff

Post by Leisreana » Tue Apr 11, 2023 1:43 am

Can you please pm me as well? Thanks!

toughmoneydraw

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Re: W&C Layoff

Post by toughmoneydraw » Tue Apr 11, 2023 1:28 pm

Bramwell wrote:
Mon Apr 10, 2023 11:18 am
Anonymous User wrote:
Mon Apr 10, 2023 7:48 am
Anonymous User wrote:
Sat Apr 08, 2023 10:30 pm
US. There's a global headcount reduction going on. In my office, a few were laid off before I was. The process started from last fall in fact. I even know the target % globally. Please don't quote.
U.S. New York, banking division. Was pressured by both HR and Partners in my group (which ignored my doctor's emails re: my disability) to find a new job. Prior to the push out, one partner and a group representative told me my issue had been discussed amongst partners and that it was okay for me to stay home while I was physically unable to return & until my doctor cleared me. During my yearly review the partner in question denied the existence of this clearance (which he himself had given me over the summer), told me HR had never discussed my injury with any of them, and contradicted what he told me over the summer re: group partnership being well aware of my injury and being fine with my return when I was healthy. Everything was just laying paper trail.

I had only glowing reviews, but work was slow in that group because the work they do is second tier to other v10s but still very, very expensive. Up until December they were continuing to hire new associates into banking/bankruptcy, over the last two years they hired around 25 new junior-mid level associates and multiple partners, myself included in that number (associate).The firm's revenue was stagnant according to their own internal presentations with costs ranging between +13 to +20% due to the increase in cost from forced RTO and the incredibly stupid decision to renovate somewhere between 120,000 and 150,000 sq feet of commercial real estate to rent for corporate events. Delusional management has led them to financial distress.

I heard from people who stayed that many of the associates are afraid for the first time in big law careers they won't make any bonuses or have even close to hour targets. Junior partners also appeared quite afraid of the dwindling work and the person in charge of the central staffing told me before I left that almost nobody in the group was hitting 40/week. Avg. hours across the firm were <1500; not surprised by my fate. I ended up at a higher ranked firm/group, so I'm actually glad I got pushed out early as opposed to in the second round (made finding jobs much easier), but still royally fuck that firm for putting so much pressure on me while I was literally doing my best to heal a severe, critical injury.
is this impacting entire banking group? What about private credit folks that came from Proskauer about a year ago? Saw that a couple Chicago debt finance partners (including a relatively junior partner that just lateraled a year ago) just defected to a competitor.
Is this the DF group? Would be great if you could provide more insights as I have a standing offer from them. Could we connect on pm? Thanks!

butonawednesday

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Re: .

Post by butonawednesday » Tue Apr 11, 2023 4:14 pm

can anyone summarize this thread so I can understand it?

CanadianWolf

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Re: .

Post by CanadianWolf » Wed Apr 19, 2023 12:23 am

butonawednesday wrote:
Tue Apr 11, 2023 4:14 pm
can anyone summarize this thread so I can understand it?
Seems similar to the 1993 Tom Hanks movie Philadelphia.

Seriously? What are you waiting for?

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